This compound is primarily utilized in advanced organic synthesis and materials science due to its unique cubane structure, which imparts high stability and strain. It serves as a building block for developing novel polymers and high-energy materials, where its rigid framework enhances mechanical and thermal properties. Additionally, it is explored in pharmaceutical research for designing drug molecules with enhanced metabolic stability and bioavailability, leveraging the cubane core's resistance to enzymatic degradation. Its cyanide and ester functional groups also make it a versatile intermediate for further chemical modifications in synthetic chemistry.